In MACROECONOMIC NEWS, Eurozone inflation hits a new high while the EU and UK ban insurance for Russian oil cargoes. In CONSUMER/RETAIL NEWS, UK mortgage approvals slide, UK credit card spending rises, food prices increase while grocery chains squeeze suppliers and B&M has a rough time. In M&A AND INVESTMENT NEWS, DSM moves to takeover Firmenich in a €41bn deal, Elliott sells AC Milan and Deutsche Bank gets raided for greenwashing. In MISCELLANEOUS NEWS, execs buy the dips, buyers dash for potash, HP lifts its earnings outlook and raspberries get picked by robot.AND FINALLY, I bring you a sensational sandwich...
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